5050 NW 7 ST 409, Miami, FL 33126

Parcel: 0141061210600 · Residential · Condominium - Residential · Zoning: 6106

Assessed Value (2025)
$27,662

Property Details

Beds
1
Baths
1
Living Sqft
506
Year Built
1973
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$86,100
1984-02-01
PEDRO BUITRAGOA MAJID AMERICA INC
2
$26,000-70%
1986-04-01
CENTRUST SAVING BANKJOSE E MENDIZABAL
3
$80,000+208%
2003-11-01
JOSE E MENDIZABALMIRTA MENDEZ

Tax Assessment History

$27,662
Assessed (2025)
$142,595
Market Value
$0
Taxable Value
2024
$26,883
$150,100
2025
$27,662
$142,595
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $27,662 $142,595 $0
2024 $26,883 $150,100 $0

About 5050 NW 7 ST 409, Miami, FL 33126

5050 NW 7 ST 409, Miami, FL 33126 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1973 with 506 square feet of living space. The property is currently owned by MIRTHA MENDEZ ORLANDO MENDEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2003-11-01 for $80,000, when JOSE E MENDIZABAL sold to MIRTA MENDEZ. The property has appreciated $54,000 (208%) since the prior sale of $26,000 on 1986-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $27,662 with a market value of $142,595. The assessed value increased 3% from $26,883 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $51,667, and the median home value is $420,500. The population density is 18,449 people per square mile. There are active mortgage liens totaling $22,396 recorded against this property.

5050 NW 7 ST 409, Miami, FL 33126 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1984 to 2003, with 3 recorded transactions in the public record.

The current assessed value represents 35% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $158 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MIRTHA MENDEZ ORLANDO MENDEZ
5050 NW 7 ST APT 409, MIAMI, FL, 33126
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$51,667
Median Home Value$420,500
Pop. Density18,449/sq mi

Neighborhood 33126

29.9%
Owner-Occ
70.1%
Investor
237
Flips (4yr)
13,798
New Biz (3yr)
Distress Risk
ELEVATED
41
View full risk analysis →

Mortgages

ACTIVE
$22,396
MIAMI DADE HOUSING & COMMUNITY DEVELOPMENT · 2025-05-27
1 satisfied mortgage
SATISFIED 2024-03-21
$6,706
MIAMI DADE PUBLIC HOUSING & COMMUNITY DEVELOPMENT
Est. Total Balance $22,396
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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